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sim Part 1 of 3 HW Score 60 12 of 20 points O Points 0...

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sim Part 1 of 3 HW Score 60 12 of 20 points O Points 0 of 1 Yield to maturity Fitzgerald s 15 year bonds pay 9 percent interest annually on a 1 000 par value If the bonds sell at 885 what is the bond s yield to maturity What would be the yield to maturity if the bonds paid interest semiannually Explain the difference a The bond s yield to maturity if the bond pays interest annually is Round to three decimal places

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